Bullish option flow detected in Transocean with 20,567 calls trading, 3x expected, and implied vol increasing over 2 points to 59.08%. 10/6 weekly 8 calls and 10/6 weekly 8.5 calls are the most active options, with total volume in those strikes near 11,200 contracts. The Put/Call Ratio is 0.07. Earnings are expected on November 1st.
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